Received by email:

File: Sept23-2016.doc

 
PRESS RELEASE
FOR IMMEDIATEW RELEASE
            

Sable Resources Ltd - Private Placement Closing

Vancouver, British Columbia, September 23, 2016 - Sable Resources Ltd. (TSX-NEX SAE.H) (the "Company" "Sable") wishes 
--->to announce it has closed its previously announced private placement financing raising CAD$500,000 (the "Offering") by
---> issuing 10,000,000 units at a price of CAD$0.05 per unit.  Each unit consists of one common share and a warrant exerc
--->isable for a period of one year at a price of $0.15 per share.  All shares issued have a hold period expiring January 
--->15, 2017.   

The proceeds of the Offering will be used for a proposed 1000m diamond drill exploration program of the Company's Tood
--->oggone property; for geotechnical investigation and upgrades to the Baker tailings storage facility located at the Bak
--->er mill site; and for general working capital.

Exploration fieldwork for a phase 1 geological and alteration mapping program on the Baker mine is complete, and will 
--->assist the Company's efforts to select future drill targets.   

The Company wishes to announce that Stephen Pearce has resigned as an officer and director of the Company.  The Compan
--->y thanks Stephen for his years of service and wishes him well in his future endeavours.

About Sable Resources Ltd.
Sable owns the Toodoggone gold project comprising 66 square kilometers of mineral tenure and mining leases, including 
--->the past producing Baker and Shasta mines, and the 250 ton-per-day Baker mill and tailings facility. The project is lo
--->cated in north-central British Columbia, Canada and is road accessible.

We seek safe harbor

For more information:

Melvyn Rahal, President & CEO
mmr@sableresources.com
Tel (604) 986-8566
Or visit http://www.sableresources.com  

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Vent
--->ure Exchange) accepts responsibility for the adequacy or accuracy of this release.